Monthly Archives: October 2013

Just-released permit statistics showed that residential construction in the Twin Cities region remains strong. Single-family homes for the month (538) helped push the numbers up, showing an almost 40 percent increase over permits for single family homes in October 2012 (386).

The Builders Association of the Twin Cities (BATC), alongside the Builders Association of MN and other business groups strongly opposes the costly and unnecessary home indoor sprinkler mandate included in the draft of the updated residential

"Overall, this [hot sheet] is an encouraging report as builders are seeing pent-up demand begin to be released for single-family homes despite head-winds such as rising mortgage rates and tight credit conditions."
NAHB Chairman Rick Judson, a home builder from Charlotte, N.C.

While single-family construction continues to do well — showing a 22 percent increase in September 2013 over September 2012 — a surge in multi-family construction put units permitted in 2013 at the highest point in eight years.